Entitlement Inflation

                 

Entitlements are getting out of hand. Examples: Ads on credit card reduction services where banks are abused for wanting to collect “YOUR money” companies lent you.

                       

Or where you have the sole right to change the terms of your mortgage from lenders, obligations that you never could afford and never should have taken.

                                           

Listen to the media and you get the impression that bankers and not the open-handed politicians are responsible for the past mortgage mess. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)

Climate Change Hoaxes

                

Global warming research has been corrupted by a number of scandals. A major disclosure of what occurred at the University of East Anglia in the U.K. and the U. N. research debacle are cases in point.

                   

Those who always disputed global warming contentions are only slowly being given voice not available to them in the past.

Yet, there is still continued talk of climate-warming change. It has been a religious-type habit that many have invested too much of their careers in, for them to suddenly recant as having been subject to a hoax.

                       

The world needs clean air and water, but the old global warming mantra has truly become a secular religion to many. Furthermore, it has become Big Government’s tool to enact extraordinary taxation on industry. In fact, the SEC still wants corporations to report how they are handling such questionable global warming. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at twitter.)

Government Suffocating New Jobs?

                               

The Federal Reserve started its purchases of Treasury bonds and mortgage securities in December of 2009. Loose money action has subsequently resulted in an ongoing rationing of capital which has taken a severe toll on the American economy.

                   

The Fed has enabled the government to carry on its huge deficit financing and has helped foreign economies in their spending sprees. It has helped fuel Wall Street with a facade of phony optimism.

                   

But underlying it all: Small business credit is being sucked dry by such excesses. As a result, new jobs and enterprise are being sharply curtailed. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)

Buying a Franchise?

                      

Why buy a franchise? The main purpose is to get a valued company name and expertise. But you can probably acquire a suitable name and expertise at no franchising cost.

                       

Buying a franchise may make sense only if you get a highly recognized brand name and you receive special management and promotional expertise.

                       

Understand that the usual upfront fees and the royalty you pay on sales, that cover whatever management training and materials you receive, will probably represent about half your future net earnings, if any.

                       

Many franchisees eventually form groups with other franchisees, to sue over contract terms because they are unhappy with their arrangements.

                       

Think clearly before you make an expensive franchising decision. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at twitter.)

                   

Banking With “Too Big to Fail” BandAids

                  

If a bank, or any business, is too big to fail, according to a government regulator, might it not be too big to manage in the first place?

Perhaps the emphasis on size is misdirected when related only to the need for government banking oversight.

When corporate entities get gigantic, there usually are hidden management problems that are almost impossible to recognize and avoid. These may involve more correction than possible from conventional governmental regulation.

                       

Example: Many commercial banks also are in the investment banking business. But there are aspects of investment banking that can veer off in varying directions, which I have always felt go beyond the normal skills of everyday managerial skills at those institutions. Those specialized skills are business-oriented and are not usually the skills attained by investment bankers.

Problems encountered have little to do with the need for more regulation. In fact, the more regulation, the more likely, management will fail. (See the Earl J. Weinreb

NewsHole® comments and @BusinessNewshole at twitter.)

Why Folks Hate Big Business?

                

Too many hate “big business” or anyone who has more money than they. These folks are ignorantly wrong. Business haters often dislike anyone who they deem “profiteers” or “rich.”

                       

I am speaking about any big, private sources who provide jobs. Even government jobs must come from taxes paid by the“rich” in business. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at twitter.)

A College Diploma Purpose?

                                     

The idea of having more college graduates is not productive. Graduates are not producing a smarter population.

                       

Colleges are doing a poor job, achieving in many respects what high schools accomplished in the past. In fact. educational productivity is poor from kindergarten on, through grade and high school and into institutions of “higher learning.”.

                       

The prime function of a college diploma? Apart from impressing friends and relatives? Employers use them merely as a shortcut for lazily screening and evaluating prospective employees. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)